| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹66.33 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹66.33 Cr |
| Fresh Issue | ₹46.96 Cr |
| Offer for Sale | ₹16.05 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน101.00-107.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | ESFL |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | GYR Capital Advisors Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,200 shares and in multiples thereof
Incorporated in 2002, Essen Speciality Films Limitedย manufactures and exports specialized plastic products in the home improvement and home furnishing industry, to multinational modern trade retailers, such as IKEA, Walmart, Kmart, Bed Bath & Beyond, Rusta, Runsven, Kohl's, Kroger, etc.
The company's product list includesย bath area and accessories, artificial plants & flowers, kitchen & dining, storage & organization, fitness & lifestyle, and outdoor & utility products, and customized products, which include plastic films, Spa slippers, Baby shower caps, green-house gutter sheets, etc. The company markets and sells its products predominantly under three brands; 'Draperi' for shower curtains, 'Runner' for shelf liners, and 'Paperi' for artificial plants and placemats.
They have a diversified customer base and are spread across various industries, including but not limited to home furnishing, home decor, departmental stores, discount retailers, hypermarkets, hardware, and home improvement, office supplies stores, agricultural and medical industry, and international importers and wholesale distributors.
The company supplies its products to twenty-four (24) countries, including but not limited to, China, Saudi Arabia, the United States of America, Qatar, United Kingdom, Germany, Italy, Canada, Romania, Denmark, Poland, New Zealand, United Arab Emirates, Spain, Austria, France, Australia, Kuwait, Belgium, Austria, Sweden, and Mexico.
Essen Speciality Films has been recognized as a 'two-star export house' by the Ministry of Commerce & Industry, Government of India. And was awarded with the 'Best Supplier of the Year', twice by IKEA.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company | 3.54 |
| 2 | Funding the working capital requirements of the Company; and | 29.00 |
| 3 | General corporate purposes | 7.68 |
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 109.71 | 118.59 | 104.40 |
| Total Income | 120.48 | 118.57 | 96.81 |
| Profit After Tax | 13.37 | 5.17 | 9.14 |
| NET Worth | 85.62 | 72.25 | 67.08 |
| Reserves and Surplus | 69.62 | 56.25 | 66.08 |
| Total Borrowing | 6.57 | 25.83 | 15.41 |
| Amount in ₹ Crore | |||
| KPI | |
|---|---|
| ROE | 17.08% |
| ROCE | 12.19% |
| Debt / Equity | 0.08% |
| RoNW | 15.62% |
| PAT Margin | 11.37% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 8.36 | |
| P/E (x) | 16.5 | |
| Promoter Holding | 100% | 70% |
| Market Cap | โน220.00 Cr. | |